Growing Number of FinTech and InsurTech Companies to Boost Europe BYOD & Enterprise Mobility Market
Rising demand for technologically advanced solutions across
various sectors and increasing digitization to drive Europe BYOD &
enterprise mobility market through 2023
According to TechSci Research
report, “Europe
BYOD & Enterprise Mobility Market By Component, By Deployment Mode, By
End User Sector, By Country, Competition Forecast & Opportunities, 2013–2023”, the European BYOD & enterprise
mobility market is projected to witness a CAGR of more than 17% during the forecast period on
account of growing smartphone and internet penetration across the region. Moreover,
surging demand for technologically advanced solutions across various sectors
coupled with increasing e-commerce and m-commerce activities are further fuelling
growth in the region’s BYOD & enterprise mobility market. Additionally, rising
need for technological advancements in FinTech and InsurTech companies, increasing
digitization and rising focus on smart city development is further likely to
propel growth in Europe BYOD & enterprise mobility market in the coming
years.
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Among end user sectors, retail sector accounted for the largest revenue
share in Europe
BYOD & enterprise mobility market in 2017, and is likely to maintain its
position during forecast period as well. On the basis of components, Europe BYOD & enterprise mobility market
is broadly categorized into Software, Security Solutions, and Services. Security
Solutions segment is anticipated to grow at the fastest CAGR during the
forecast period, owing to the growing security concerns due to rising numbers
of malware attacks and identity or access forgery incidences. IBM Corporation, Cognizant Technology
Solutions Corporation, Accenture LLP, Tata Consultancy Services, Infosys
Limited, Capgemini SE, etc. are some of the major companies
operating in Europe BYOD & enterprise mobility market.
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Among countries, a large demand for BYOD & enterprise mobility solutions and services in
Europe emanates from the United Kingdom on the
back of growing demand for mobile devices and increasing digitization across
the country. “With rising need for mobility across various
sectors, demand for BYOD & enterprise
mobility solutions and services is also increasing in Europe. Moreover,
growing adoption of ‘smart finance’ across BFSI sector is further fuelling
growth in Europe BYOD & enterprise mobility
market. Additionally, emergence of unified digital workplace is expected
to further steer growth in the market during the forecast period.” said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.
“Europe BYOD
& Enterprise Mobility Market By Component, By Deployment Mode, By End User
Sector, By Country, Competition Forecast & Opportunities, 2013–2023” has evaluated the future
growth potential of Europe BYOD & enterprise mobility market and provides
statistics and information on market size, structure and future market growth. The
report offers decision makers superior market intelligence, thereby enabling
them conduct thorough investment appraisal. Besides, the report also analyzes the evolving market inclinations
along with indispensable drivers, challenges and opportunities in Europe BYOD
& enterprise mobility market.
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